Afcons Infra IPO shows minor gains amid volatile market conditions

Afcons Infrastructure Ltd's IPO began on October 25 after raising Rs 1,621 crore from anchor investors. The IPO, valued at Rs 5,430 crore, has a price range of Rs 440-463 per share and will close on October 29.

In the grey market, Afcons Infrastructure shares are currently trading at a premium of around Rs 60, indicating potential listing gains of nearly 13 percent. This is slightly lower than earlier in the week when the shares were showing gains of over 15 percent, reflecting the volatile conditions in the domestic market.

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